RBS ‘to cut 32 NatWest branches, 600 jobs’

Royal Bank of Scotland is to close at least 32 of its NatWest branches throughout England and axe 600 jobs, according to union leaders.

RBS said in a statement: “Banking has changed significantly over the last few years and the way our customers want to interact with us is also changing.

“We have to continually adapt to meet our customers’ needs and to ensure we remain viable and relevant both now and in the future.

“This is clearly difficult new for staff affected by these changes.

“We are doing everything we can to support them, including seeking redeployment opportunities wherever possible and ensuring that compulsory redundancies are kept to a minimum.”

About the Author

Mark McSherry
Dalriada Media LLC sites are edited by veteran news journalist Mark McSherry, a former staff editor and reporter with Reuters, Bloomberg and major newspapers including the South China Morning Post, London's Sunday Times and The Scotsman. McSherry's journalism has also appeared in The Washington Post, The Guardian, The Independent, The New York Times, London's Evening Standard and Forbes. McSherry is also a professor of journalism and communication arts in universities and colleges in New York City. Scottish-born McSherry has an MBA from the University of Edinburgh and a Certificate in Global Affairs from New York University.